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Email this article: Who speaks for 'Europe': Berlin under pressure from Paris?
Posted: Wed May 16, 2012 6:31 pm
INTERNATIONAL. Will Chancellor Angela Merkel be forced to spend rather than save? Like President Hollande, Germany's opposition Social Democrat Party (SPD) is calling for a growth package that would draw on existing funds and not create new debt.
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SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
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